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Funding Round Profile

Essenvia

start up
United States - Los Angeles, California
  • 03/05/2023
  • Pre Series A
  • $4,000,000

Essenvia is an online software to streamline pre and post market workflow for medical device companies by streamlining plans or activities to market, improving cross-functional collaboration and automating steps to manage initial and subsequent device modifications.

It takes 2-5 years for new or improved medical devices to reach market and medical device companies manage a complex, specialized workflow prone with errors.

Research shows regulatory submissions have grown in complexity and size, with a consistent 30% rejected at initial review and 64% sent back for additional information costing the industry billions of dollars each year.

Our program is designed to help drastically reduce submission errors, streamline data and information gathering, save time, and help you submit a close to rejection proof as possible 510k submission.


Related People

Soumya MahapatraFounder

Soumya Mahapatra United States - Los Angeles Metropolitan Area

I am a seasoned technologist, product leader in Healthcare with over 16 years leading strategic transformation initiatives at Fortune 500 companies. It is during this time that I experienced first hand how complex, manual and painful regulatory processes are. I founded Essenvia to solve this problem.

My MISSION:
My goal is to transform Medical device regulatory affairs by reducing inefficiencies in the medical device regulatory processes. Today Essenvia has helped over 60 medical device companies and 100+ products to achieve faster time to clearance.


ACCOMPLISHMENT:
Multinational technology leader specializing in driving business transformation, product development and growth through strategic thought leadership and innovation.